After Kingsoft Cloud's stock price dropped on Monday, the cloud service provider in China announced that it will explore a dual listing of its ordinary shares on the Main Board of the Hong Kong Stock Exchange.
Kingsoft Office, a leading software and internet services company based in China, released the Kingsoft Digital Office Platform on Thursday, as well as three brand-new products.
Kingsoft Cloud released its financial report for the third quarter of 2021, disclosing total Q3 revenue of 2.41 billion yuan ($377.39 million), up nearly 40% year-on-year.
Kingsoft Cloud filed an IPO prospectus update with the US Securities and Exchange Commission (SEC) showing that the company will issue 25 million American depositary shares.
